Apollo Global Management Launches $2.04 Billion Bid for Bodycote
The Takeover Proposal British heat treatment specialist Bodycote confirmed on Monday that it has received a non-binding takeover proposal from Apollo Global Management, valuing the engineering firm at approximately 1.52 billion pounds ($2.04 billion). The announcement, which confirms ongoing discussions between the two parties, triggered an immediate and significant rally in Bodycote’s share price on…